“Who hides it better” is a joke for putting privacy chains in order; the “depth” of DUSK is a yardstick no one can measure. I came up with this after spending time in my rented room and reading through a whole row of privacy-project documentation.

Let’s start with what’s on-chain. The PlonK proving system has been forked more than 120 times in the community, and foundations like ZeroCaf and Poseidon are all well-known public knowledge. In plain terms, the cryptographic skills on the DUSK chain are easy to copy—other peers can just grab a repository. Aleo builds general-purpose privacy computation, Beldex-like systems build anonymous transactions; everyone’s techniques are basically out in the open. No one has an extra hand over anyone else. $ETH

What truly changed my view were the two things off-chain. NPEX, the Netherlands-regulated securities exchange—how many entities’ funding and equity transactions have to go through it, and it’s still actively moving. In the early days, DUSK also explored on-chain equity registration with Firm24—that was back in 2020, and after that, public updates became scarce. That’s where the difference shows: technology can be copied, but licenses and regulatory relationships can’t be replicated. DUSK currently benefits more from the latter.

Now when I look at DUSK, I only watch the public developments related to NPEX and the changes in Dusk Trade’s waitlist. For other off-chain partnership news, I treat it as background noise. It’s not that I don’t believe them—it’s just that those “off-chain partnership” words have slipped by me several times, and I’ve learned my lesson. #dusk $DUSK @Dusk